World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Lower Volume, Soyoil Spikes, and Short Covering

Volume was expected to be light today given yesterday’s holiday and a weekend ahead. And it was low for corn, soybeans, soymeal, and all three wheats. Plus, there is little new or different information when it comes to fundamentals.  For the week, it was soyoil that stood out above the crowd, but it was generally a recovery week for most of the major agricultural commodity contracts.  USDA’s weekly Export Sales report was delayed until today due to the July 4th holiday. Notably, wheat sales topped market expectations, corn sales disappointed, soy complex sales were down but pork exports hit a marketing year high.  July is going to continue to be hot, which is fine provided there is sufficient rainfall. Un...

WPI on Twitter

Related Articles
soy-oilseeds feed-grains wheat

Market Commentary: Next Week’s Weather Makes or Breaks

It was another day lower for the grain and oilseeds sectors, and another day of weak volume for corn and the soy sector. The causes have not changed: A strengthening dollar Very good harvest weather in the U.S. Potentially better weather in South America late next week If good rains materiali...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.035 from yesterday's close.  Dec 24 Wheat closed at $5.8975/bushel, down $0.1375 from yesterday's close.  Nov 24 Soybeans closed at $10.3775/bushel, down $0.0825 from yesterday's close.  Dec 24 Soymeal closed at $330.5/short ton, down...

soy-oilseeds

U.S. Soybean Crush Margin Outlook

The recent strength in U.S. soyoil and soymeal prices has helped push “board” crush margin (i.e., the margin implied or calculated by CBOT futures contracts) to new highs with the VVX margin hitting $1.62/bushel and the HHH margins topping the $1.45 mark for the first time in over a...

soy-oilseeds feed-grains wheat

Market Commentary: Next Week’s Weather Makes or Breaks

It was another day lower for the grain and oilseeds sectors, and another day of weak volume for corn and the soy sector. The causes have not changed: A strengthening dollar Very good harvest weather in the U.S. Potentially better weather in South America late next week If good rains materiali...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.035 from yesterday's close.  Dec 24 Wheat closed at $5.8975/bushel, down $0.1375 from yesterday's close.  Nov 24 Soybeans closed at $10.3775/bushel, down $0.0825 from yesterday's close.  Dec 24 Soymeal closed at $330.5/short ton, down...

soy-oilseeds

U.S. Soybean Crush Margin Outlook

The recent strength in U.S. soyoil and soymeal prices has helped push “board” crush margin (i.e., the margin implied or calculated by CBOT futures contracts) to new highs with the VVX margin hitting $1.62/bushel and the HHH margins topping the $1.45 mark for the first time in over a...

Port Strike Suspended: A Look at Short-Term and Long-Term Issues

East and Gulf Coast port workers are back on the job today after striking on 1 October. Many of the affected ports will add weekend overtime hours to load trucks; several ports will remain closed to trucks today as containers are offloaded to prepared for resumptions of trucking. Importers repo...

Image
From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up